#XmasCryptoMiracles
Analysis of BTC Cycle Bottom Prediction
1. BTC Price Chart:
• Current Price: 95,380 USDT (down 2.81%).
• RSI (12): 44.1, entering the neutral zone, potentially continuing to adjust.
2. Short-term Downtrend:
• Price has broken below MA(7) and is heading towards MA(25) support around 80,558 USDT.
• Cycle Bottom Potential: From 70,000 - 80,000 USDT, as this is an important support area of MA(99).
3. Market Sentiment Forecast:
• In a downtrend, the level of 70,000 USDT could be a significant accumulation point before a recovery.
• Monitor trading volume to confirm signs of a bottom formation.
4. Personal Strategy:
• Continue to take advantage of the short trend with high leverage but always set a Stop Loss to protect capital.
• If the price approaches strong support (70,000 USDT), switch to a long strategy with large volume.
🔥 BTC is creating opportunities for both short and long if the trend is read correctly! Are you following this trend?